Investments
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
How property taxes can help low-income countries to develop
Satellites, drones, and the right policies can help countries increase revenue by up to 10 times at the local level
Bank Asia aims to give half of its loans to SME, retail
Bank Asia PLC plans to increase its lending to retail and small and medium enterprises (SME) to about 50 percent of its total loan portfolio, according to its Managing Director Sohail RK Hussain..“We have extensive experience in the SME sector and are now placing stronger focus on it,” he
Shipping Corporation repays Tk 475cr loans
Bangladesh Shipping Corporation (BSC) repaid Tk 475.25 crore to the interim government as the first instalment of a loan it received from the government and Exim Bank of China in 2016 to purchase ships..Representatives of the BSC handed over the cheque to Chief Adviser Prof Muhammad Yunus
Many stock investors lose money for not understanding the business: ICB chairman
The Bangladesh Merchant Bankers Association highlighted the prospects and challenges of the capital market
Stocks continue to bleed as investment stagnates
The stock market in Bangladesh extended a losing streak for a third consecutive trading day yesterday as skittish investors were reluctant to pour fresh funds due to political and economic uncertainties..As a result, both the Dhaka and Chattogram bourses witnessed thin participation of inv
Renata raises Tk 536cr through bonds, preference shares
Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending.
Akij Ceramics launches big tiles
Akij Ceramics has launched a range of tiles sized 100x100 centimetres considering the huge demand for such products in Bangladesh..The tiles feature a high gloss finish that enhances the spaciousness of interiors, providing a seamless and luxurious look..They are designed to elevate
Stocks recover from single-day slump
Stocks in Bangladesh mostly bounced back yesterday after falling the day before as investors made fresh bets on lucrative scrips in anticipation of the earnings disclosures of listed corporates for the July-September period this year..Investors expressed optimism about the return of good g
Stocks end flat but turnover rises 13%
Stock markets in Bangladesh experienced a slight downturn yesterday, following two consecutive days of gains last week. .Cautious investors traded lucrative shares, particularly blue-chip ones, amid ongoing price fluctuations. A blue chip is a well-established and financially sound company
Central Fund for RMG workers at risk of misuse: labour secretary
Money deposited in the Central Fund for the welfare of garment workers in Bangladesh is at risk as the disbursal activities lack transparency, according to AHM Shafiquzzaman, secretary to the Ministry of Labour and Employment..The way the immediate past government handled deposits and spen
Electro Mart opens sales and display centre at Chawkbazar in Ctg
Electro Mart Limited recently launched a sales and display centre at Chawkbazar in Chattogram..Consumer electronics and home appliances products like Konka brand LED televisions, refrigerators and freezers, ceiling fan, washing machines, microwave ovens, blenders, juicers, iron, rice cooke
Stocks close in the black
The stock market in Bangladesh closed in the black with the major index crossing the 5,700-point mark yesterday as investors cautiously traded lucrative shares of blue-chip and large-cap sectors amidst price fluctuations..A blue chip is a nationally or internationally recognised, well-esta
Korea-Bangladesh Chamber signs deals with KOPA, KOIMA in Seoul
The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) signed deals with the Korea Packaging Association (KOPA) and the Korea Importers Association (KOIMA) in Seoul recently, according to a press release .A KBCCI delegation, led by Park Young-sik, ambassador of Korea to Bangladesh, v
Onion imports resume thru Hili land port
Onion imports through Hili land port in Dinajpur resumed on Tuesday after being halted for four days due to a software glitch in Indian customs..The Indian customs had implemented an updated tariff regime at 4:45pm that day, reducing the export duty on onions from 40 percent to 20 percent.
American trade platforms demand reforms to protect labour rights
The American Apparel & Footwear Association (AAFA) and Fair Labor Association (FLA) have urged the interim government of Bangladesh to take critical and long-lasting steps towards reforms for furthering worker rights of international standards. .The AAFA is an American trade association re
Stocks rise after falling for two days
Bangladesh’s stock market rose yesterday on falling for two days as investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amidst price movements..A blue chip is a nationally or internationally recognised, well-established, and financially sound co